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The role of income and substitution in commodity demand

Baffes, John; Kabundi, Alain; Nagle, Peter - 2020

This paper presents estimates of time-varying income elasticities of demand for energy and metal commodities. The analysis finds that the elasticities are close to unity, evaluated at world median per capita income levels. Furthermore, the estimates confirm that as income rises, demand growth...

Persistent link: https://www.econbiz.de/10012228425

Paying more for less : why don't households in Tanzania take advantage of bulk discounts?

Dillon, Brian; De Weerdt, Joachim; O'Donoghue, Ted - 2020

Do poor households shop in a way that leaves money on the table? A simple way to maximize consumption, conditional on available cash, is to avoid regularly purchasing small amounts of nonperishable goods when bulk discounts are available at modestly larger quantities. Using two-week transaction...

Persistent link: https://www.econbiz.de/10012229785

Should consumption sub-aggregates be used to measure poverty?

Christiaensen, Luc J.; Ligon, Ethan; Sohnesen, Thomas Pave - 2020

Frequent measurement of poverty is challenging, as measurement often relies on complex and expensive expenditure surveys that try to measure expenditures on a comprehensive consumption aggregate. This paper investigates the use of consumption "sub-aggregates" instead. The use of consumption...

Persistent link: https://www.econbiz.de/10012257297

Wealth : crucial but not sufficient evidence from Pakistan on economic growth, child labor, and schooling

Hou, Xiaohui - 2009

"The relationship between wealth and child labor has been widely examined. This paper uses three rounds of time …-series, cross-sectional data to examine the relationship between wealth and child labor and schooling. The paper finds that wealth … enrollment for rural girls from 1998 to 2006. This increase is independent of wealth (measured by per capita expenditure …